Quorn is a product first founded in 1985 by Marlow Foods Ltd. It is a product that is a subsidiary of meat. Available in 14 countries, it is a meat substitute product that originated in the UK and is sold mostly in Europe, it is a vegan option for meat products. So, is Quorn publicly traded? Let’s take a look, shall we?
Is Quorn Publicly Traded?
Well, first and foremost, Quorn is a product and is owned by a company. Particularly, it is owned by Monde Nissin Corporation as of 2015. This is where the question gets a little bit more complicated. Well, the short is answer yes. Quorn is publicly traded on the stock exchange. However, the establishment, of the Monde Nissin Corporation only trades on the Philippine Stock Exchange, under the MONDE stock symbol.
Monde Nissin Corporation in possession of the Quorn brand name has gone public in the summer of 2021 and raised over 1 billion dollars from IPO, the biggest in the Philippines’ history of the stock exchange.
Can you Trade Quorn Stock?
To trade Monde Nissin Corporation stock, you or your stockbroker will have to get permission and a permit to able to gain access to the Philippines international market. That is if you live outside of the market for the Philippines stock exchange.
If you are trading for stock on the Philippines stock exchange and you are stationed outside of the zone of the market, you might receive higher trading or commission fees while you are trading for stock. If you are curious about these higher fees, you have to contact your stockbroker or the Philippines stock exchange to get details about what these fees may be.
Overall, the stock of the Monde Nissin Corporation and subsequently the Quorn brand is only traded as PSE: MONDE.
Firstly, you have to keep in mind that the Monde Nissin Corporation is not only producing and selling Quorn, but also other food products as well. So, if you want to profit off of stocks for MONDE, you have to keep that in mind.
For example, the company’s most cherished brand as of writing this article is ‘Lucky Me!’ which is a noodle brand for to Filipino market. Other than that, the company also sells SkyFlakes crackers, FITA, M.Y. San Grahams, Cauldron, Monde, Nissin, Jelly Vit Jelly Drink, and of course: Quorn. You have to look out for the market value and traction these other brands are getting as well if you are to guess the market value and potential of the stock for Monde Nissin Corporation more accurately.
What is Monde Nissin?
Monde Nissin Corporation is a Philippine-based organization that is a food and beverages company. Established in 1978 by Hidayat Darmono, it is located and serves the Philippines. With famous products that are widely known in the Philippines like ‘Lucky Me!’ and Quorn, the company has partnered with establishments in Thailand, Australia, the United Kingdom, Indonesia, and Japan. Its HQ is based in Makati, Philippines.
They sell close to hundreds of different products, all centered around the food and beverages, and their biggest seller and what some may consider the backbone of the company is noodles, sold in 5 different flavors.
Well, the conclusion of the question for “Is Quorn Publicly Traded?” is yes, but with a caveat. While it is publicly traded, it is only done so in the Philippines stock exchange and while you may get permission to trade in the stock exchange there if you are living in someplace else, this may cause additional fees to your transaction while trading for stock.
Also, Quorn is only a product, and it is owned by Monde Nissin Corporation. And also, this meat subsidiary product is not the only product they sell. We can even say that it is not the most prominent thing they sell! That honor would go to their noodle brand, which is expressed as the backbone of the company and the most amount of revenue is earned from their noodle brand compared to their other brands, which they have almost a dozen.
When did the Monde Nissin Corporation buy Quorn?
Quorn was bought by the Monde Nissin Corporation in 2015 from its founder Marlow Foods Ltd.
Which stores sell Quorn?
According to Quorn’s website, you can buy Quorn from ALDI, ASDA, Booths, CO-OP, Farmfoods, Heron Foods, Iceland, LIDL, Morrisons, Nisa, Ocado, Sainsbury’s, Spar, TESCO, and Waitrose & Partners.
